Gold & Silver Price (Live)|財經線上App不用買-HotApp4Game

Get the current gold quotes and rates in India today at Gold & Silver Price Android Powered App. Gold & Silver price in Rupees per 10 gm for 24 Karat & 22 Karat Also find out the gold & silver rates in different cities of India.

Gold is one of the premium commodity in India. Gold price in India is always trending due to strong buying patterns. Gold Market in India Traditionally Gold has been sought as an long-term investment tool to hedge against inflation and also safe investment. However, over the last decade Gold has become an attractive trading asset for different class of investors – which in return has translated to certain amount of volatility in the prices. Gold Market in India is available as spot and future contracts through – the three of biggest commodity exchanges - MCX (Multi Commodity Exchange), NCDEX (National Commodity & Derivatives Exchange) and NSEL (National Spot Exchange). If you are looking for alternative investment or to hedge against inflation, or just for trading and investment purpose – the so-called electronic gold (or commodity futures market) will provide ways to meet your needs. Gold prices rise owing to certain factors like surge in imports, under-performance of economic and financial markets, sometime due to uncertainty over future expectations. Apart from other assets classes’ (mainly real estate) Gold has always provided higher returns. MCX Gold contracts are in two variants, the main contract is of 1 KG, whereas the Gold Mini contract is of 100 grams. Other than this, Gold Guinea and Gold Petals are also traded in India. Gold spot and Gold futures prices also change as per the demand supply in world markets. Most active contracts are available on our site. There is always debate over what is the best investment option Gold or Equity. Gold has given significantly higher returns around 183 per cent (till 17th February, 2014) when compared to Nifty which has given a negative 3.3 per cent return from 2008 onwards. Open interest, which is the number of futures positions that are open is constantly changing with increase or decrease in prices. Open interest shows futures contracts that are not delivered or closed on that particular day. A rise in open Interest along with rise in prices is considered to be bullish (positive) bias towards future prices. Similarly, a rise in open interest along with rise in prices is reverse – expectations of a bearish (negative) trend in the near term. Also recent price trends, like day-on-day rising prices or falling prices reveal the investor (traders) sentiment in the markets. Our website tracks both the rising and falling trends over a period of three/five and seven trading days. Apart from Gold futures on MCX India , Gold is also available as Jewelry, Gold coins, Gold bars and Gold ETFs (Exchange traded funds on the BSE and NSE – stock exchanges). Coins can be bought from banks, and jewelers. External factors that can affect Gold prices Gold are affected by import and other duties - Gold prices are always rising due uncertain economic conditions like strong imports, monetary policy, rising labor costs for gold mining companies, tighter regulations in some countries and high volume of currency fluctuation across international markets. India is largest consumer of Gold but there is rising Chinese demand also. China is second largest importer of Gold after India. The demand for gold is far exceeding supply. Due to this Gold price has become speculative and hence near future we should see some consolidation in the gold mining industry. Gold Culture in India Indians have fascination towards Gold and hence there are cultural and emotional reasons attached. Every special day – be it wedding, festival etc Indians prefer to buy Gold. Buying Gold particularly on a auspicious day is a tradition for every family in India.

Note: Entire process is a steps towards popularizing mGovernance Initiative.